Fixed Income: Global - Broad Market, Broad-based

FWDB Top Performer Intra-day
Price $25.72
Today’s Change 0.27%
4:00pm 10/26/2020
RIGS Bottom Performer Intra-day
Price $24.56
Today’s Change -0.57%
4:00pm 10/26/2020

ETF.com Insight

With 22 ETFs and over $15.78B in combined AUM, the Fixed Income: Global - Broad Market, Broad-based segment provides exposure to the Global space with a focus on Broad Credit securities.

Year-to-date, the best-performing ETF in the segment is the Invesco Total Return Bond ETF (GTO), with a total return of 8.42%. Meanwhile, the most popular ETF is the First Trust TCW Opportunistic Fixed Income ETF (FIXD) with $4.17BB in assets under management.

Investors should take a look at the (). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. has an expense ratio of -- and tracks the .

Performance Dispersion

ETF.com Efficiency Insight

The average efficiency score in the Fixed Income: Global - Broad Market, Broad-based segment is 80 out of 100, with the RiverFront Dynamic Core Income ETF(RFCI) obtaining the highest rating of 89 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.66% per year, with the VanEck Vectors Green Bond ETF (GRNB) having the lowest expense ratio, charging investors 0.20% yearly.

Investors should look for funds with tight tracking, such as the Columbia Diversified Fixed Income Allocation ETF (DIAL), with a 12-month median tracking difference of -0.35%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Fixed Income: Global - Broad Market, Broad-based segment is 66 out of 100, with the First Trust TCW Opportunistic Fixed Income ETF(FIXD) obtaining the highest rating of 99 out of 100.

The First Trust TCW Opportunistic Fixed Income ETF (FIXD) is the undisputed segment leader when it comes to liquidity. The fund trades 48.85M in daily average volume. Investors should also find ample liquidity in the PIMCO Active Bond ETF (BOND), with $22.92M in daily dollar volume.

Use limit orders to trade funds such as the Virtus Newfleet Dynamic Credit ETF(BLHY), due to their double-digit market spreads.

ETF.com/ Block Liquidity

FIXD
5
4
3
2
1
FBND
5
4
3
2
1
TOTL
5
4
3
2
1
BOND
5
4
3
2
1
GTO
5
4
3
2
1
DIAL
5
4
3
2
1
HTRB
5
4
3
2
1
DWFI
5
4
3
2
1
JCPB
5
4
3
2
1
UCON
5
4
3
2
1
FISR
5
4
3
2
1
WBND
5
4
3
2
1
AFIF
5
4
3
2
1
RIGS
5
4
3
2
1
GRNB
5
4
3
2
1
NFLT
5
4
3
2
1
RFCI
5
4
3
2
1
RFUN
5
4
3
2
1
FWDB
5
4
3
2
1
BLHY
5
4
3
2
1
FFTI
5
4
3
2
1
ADFI
5
4
3
2
1
This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The Bloomberg Barclays Multiverse has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.

Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.

Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology